AUGUST 12: Rather than signing with the Giants, Conlon will head to Texas A&M, D1Baseball.com’s Kendall Rogers tweets. The Orioles originally drafted Conlon but failed to sign him over an issue with his physical. After he was granted free agency, he struck a deal with the Giants. That deal, however, has fallen through after his physical with the Giants turned up a different medical issue, as Rosenthal tweets.

JULY 17: The Giants have a deal in place with prospect Jack Conlon, pending a physical, per Ken Rosenthal of MLB Network (via Twitter). Conlon, a high-school righty who had been chosen by the Orioles in the fourth round of the recent Rule 4 draft, was granted free agency after failing to sign.

Baltimore determined that Conlon’s physical did not pass muster. When the team declined to offer him at least 40% of the slot value of the pick with which he was chosen — in this case, $409K — he qualified for the open market.

As Baseball America’s Hudson Belinsky recently explained, the Ballengee Group client was expected to command $1MM or more for a bonus. Conlon had committed to Texas A&M, and attending college remained at least a theoretical option prior to his agreement with the Giants.

2:58pm: The Dodgers have agreed to terms with first-round pick Jeren Kendall, per MLB.com’s Jim Callis (via Twitter). The Vanderbilt outfielder will receive a $2.9MM bonus, according to Jon Heyman of Fan Rag (Twitter link).

Kendall, a left-handed-hitting junior, was taken with the 23rd overall pick, which came with a $2,702,700 allocation. Entering today, Los Angeles had yet to make things official with Kendall, second-rounder Morgan Cooper, and third-round pick Connor Wong.

Draft analysts split on Kendall, an accomplished college player credited by some as a five-tool player. That led MLB.com to rank him sixth among draft-eligible players. But he also placed as low as 18th (Baseball America), owing to concerns that he still swings and misses too frequently after three years at a top program.

Thirtieth overall draft pick Alex Lange has agreed to a $1.925MM bonus to join the Cubs, per Jon Heyman of Fan Rag (Twitterlinks). Whether the sides would find common ground came into question today due to as-yet-unreported medical concerns.

Evidently, the health issues weren’t enough to scuttle the deal, though Lange will take home less than the slot value of $2,184,300. The righty had the option of spending another year at LSU, but that’d have left him facing another year of injury risk with little in the way of anticipated leverage for next year’s draft.

Sixth-round pick Jeremiah Estrada will take home a well-over-slot $1MM bonus, Callis tweets. That bonus level wouldn’t have been possible absent agreement with Lange, Callis notes, unless Chicago was willing to give up a first-round pick next year as a penalty. The Cubs also landed fifth-rounder Nelson Velazquez, Callis tweets. His status had been uncertain as well with the signing deadline looming.

The Reds have agreed to sign second overall pick Hunter Greene, according to MLB.com’s Jim Callis (Twitterlinks), with a record-setting $7.23MM bonus landing the multi-talented youngster. Things came right down to the wire for the California prep star, though most believed all along that he’d end up putting pen to paper.

Greene was taken second overall in the recent Rule 4 draft. That slot came with an allocation of $7,193,200. Just how much bonus money Greene would land, though, could only be sorted out through post-draft negotiations. It was long suggested that his reps were pushing for the highest-ever signing bonus under the current draft slot system, which he did ultimately achieve.

Greene’s alternatives were to attend UCLA, where he had committed, for at least three years; or instead to enroll in a junior college — thus permitting re-entry into the draft after just one season. For the team, missing on Greene would’ve meant landing the third overall pick in next year’s draft. Clearly, though, both saw a deal as the optimal outcome, and that’s just what occurred.

Unsurprisingly, there was a considerable amount of jockeying among the first several draft selections. Fourth overall pick Brendan McKay (Rays, $7,005,000) and fifth overall selection Kyle Wright (Braves, $7MM) both took home more than first overall pick Royce Lewis (Twins, $6.725MM).

Though he’s considered a significant prospect at shortstop, Greene’s greatest upside lies on the mound. Per the scouting reports, he works off of a huge fastball that he commands well with a smooth delivery and excellent athleticism. Though his secondary pitches are in need of refinement, that’s to be expected for a player who won’t even reach 18 years of age until August.

12:16pm: The Mets announced the signing. Peterson has been assigned to Class-A Brooklyn.

11:33am: With less than five hours until the signing deadline, the Mets have agreed to terms with top pick David Peterson, reports MLB.com’s Jim Callis (on Twitter). A left-hander out of Oregon, Peterson will receive the full slot value of his No. 20 overall selection: a bonus of $2,994,500.

Opinions on Peterson varied a bit entering the draft, as Eric Longenhagen of Fangraphs ranked him as the sixth-best prospect in the draft, while ESPN’s Keith Law had him considerably further down his board at No. 34. Baseball America and MLB.com were right in the middle, ranking him 17th and 19th, respectively.

The 21-year-old Peterson is listed at 6’6″ and 240 pounds and drew headlines in late April when he racked up 20 strikeouts in a complete game shutout of Arizona State. Scouting reports agree that his stuff took a step forward in 2017, elevating him to a first-round talent. He has a fastball in the 89-93 mph range that has touched 94 early in starts in addition to good control and ground-ball tendencies. Peterson features slider earns the most praise among his secondary offerings, though Longenhagen calls his changeup “excellent” but notes that it is seldom used. Other reports peg the changeup from average to above-average.

The Nationals have finalized a deal with first-rounder Seth Romero, who has passed his physical and officially signed a contract, according to Jon Heyman of FanRag Sports (Twitterlinks). He’ll take home a $2.8MM bonus that comes in a bit above his $2,530,400 draft slot, Heyman adds. Romero was advised by and is now represented by agent Scott Boras.

A left-handed pitcher out of the University of Houston, Romero would likely have gone higher in the draft than the 25th overall selection (where Washington took him) had it not been for significant makeup concerns. Romero was kicked off the team in Houston a month before the draft after repeated off-field incidents, including a failed drug test, a physical altercation with one of his teammates and being photographed holding a bong in full uniform, per a separatepair of reports from the Houston Chronicle’s Joseph Duarte.

Romero ranked 24th on MLB.com’s list of the top 200 draft prospects, while Baseball America ranked him 27th on their top 500, Fangraphs ranked him 36th and ESPN’s Keith Law ranked him 59th. The aforementioned makeup issues factored into each of those rankings, as BA and Law both called him a top 10 talent based purely on his pitching acumen. Romero’s fastball sits in the 92-95 mph range and reaches 97, and the pitch is complemented by a plus slider and potentially above-average changeup. BA also notes that he’s advanced enough to help out a big league bullpen later this year, though the Nats told reporters after the draft that they view Romero as a starter.

4:25pm: Bukauskas will get a $3.6MM bonus, per MLB.com’s Jim Callis (via Twitter), which lands just $11,800 over the 15th pick’s allotment.

10:56am: The Astros have agreed to terms with first-round pick J.B. Bukauskas, reports Mark Berman of Houston’s FOX 26 (on Twitter). The former UNC right-hander is in Houston to complete his physical and formally sign his contract.

Bukauskas was a top draft prospect out of high school back in 2014, though he fell to the 20th round after asking teams not to select him. The D-backs took a shot on swaying him anyhow, though he rather predictably honored his commitment to North Carolina. This time around, he entered the draft rated as the No. 6 overall prospect, per Baseball America. Meanwhile, Jim Callis and Jonathan Mayo of MLB.com ranked him seventh, while ESPN’s Keith Law rated him ninth and Fangraphs’ Eric Longenhagen ranked him 12th.

Bukauskas is a bit undersized, as he’s listed at 6’0″ and 195 pounds, though scouting reports across the board give him credit for a plus fastball and slider combination. Baseball America, in fact, calls his slider “the nation’s best breaking pitch,” noting that it consistently receives 70-grade ratings on the 20-80 scale, with some scouts placing an 80 on the pitch. He also has a changeup that has, in the past rated as an above-average offering but was rarely used this past season with the Tar Heels. Callis and Mayo, like others, note that there’s concern that he could end up pitching out of the bullpen, though they add that if he does ultimately prove to be a reliever, Bukauskas has closer upside.

TUESDAY: The Tigers have signed first-round draft pick Alex Faedo, MLBPipeline.com’s Jonathan Mayo reports (Twitter link). Financial terms aren’t yet known, though the 18th overall pick carries a slot value of $3,214,600. Tony Paul of the Detroit News reported yesterday that Faedo was in Detroit and intended to sign his first pro contract, likely after taking a physical and finalizing any pending financial details.

Faedo is a 21-year-old right-hander out of the University of Florida. He was rated as the 10th-best prospect in this year’s draft class by Baseball America, with MLB.com (11th), Fangraphs’ Eric Longenhagen (13th) and ESPN’s Keith Law (27th) also giving him high grades. Law’s slightly-less-optimistic report notes that Faedo lacked showed an over-reliance on a slider and lacked command, making him a question mark as a future starting pitcher.

Faedo did have minor surgery on both knees last fall, however, which could explain his somewhat modest results this season. The BA and MLB.com scouting reports note that Faedo’s fastball, slider and changeup have all gotten generally good reviews from scouts, with his fastball reaching 93mph regularly and touching 95mph this spring once Faedo seemed more fully healthy.

The Brewers have signed supplemental first-rounder Tristen Lutz, reports Jim Callis of MLB.com (Twitter link). Lutz, a high school outfielder and the 34th overall selection, landed an over-slot deal worth $2,532MM (up from the $1,983,600 value of the pick).

MLB.com (No. 34), Baseball America (No. 35) and ESPN’s Keith Law (No. 39) gave Lutz similar rankings entering the draft, though the 18-year-old lagged behind on FanGraphs’ Eric Longenhagen’s big board (No. 61). The right-handed Lutz’s bat is “easy” to believe in, according to BA, which notes that the 6-foot-3, 220-pounder already possesses a “pro-ready body.” The other outlets also offer promising assessments regarding the former University of Texas commitment’s offensive game, and the general belief is that he’ll end up in right field if he cracks the majors.

With Lutz officially in the fold, the Brewers have now locked up their first several picks of 2017, as MLB.com’s draft tracker shows. While the Brewers went above slot to sign Lutz, they previously saved over $500K in inking their top choice, No. 9 overall selection Keston Hiura, to a deal worth less than the value of his pick.

The Athletics have gone way over-slot to sign third-round pick Nick Allen, according to MLB.com’s Jonathan Mayo (Twitterlinks). He’ll land a $2MM bonus, well north of the $697,500 allotted to the 81st overall selection.

Allen entered the draft as a consensus top-30 prospect. The diminutive high-school shortstop had been committed to USC before deciding to join the Oakland organization.

Prospect analysts generally viewed Allen as a top-30 talent, with Eric Longenhagen of Fangraphs ranking him the highest at 25th. MLB.com placed him in the No. 30 slot. Generally, scouts are said to be enamored of his overall defensive abilities at short, quality baserunning, and strong hit tool.

To make the math work, of course, Oakland had to sign other drafted players for less — particularly after giving slot money to top pick Austin Beck and going $89,500 over slot for fifth-rounder Santi Sanchez. The A’s saved $233,500 against the pool in signing 33rd overall pick Kevin Merrell while also keeping at least $632,600 dry though deals with several other players who went in the first ten rounds.

The team still has yet to reportedly agree to terms with second-rounder Greg Deichmann, a junior from LSU, but will seemingly need to come under the $1,597,300 slot value for the 43rd overall pick to avoid the penalty of losing future draft picks (which no organization has ever done since the current system went into effect).